Stonebridge National Investment Sales is pleased to present KFC Fairfield (Townsville) for sale via Immediate Offers to Purchase.

The asset boasts the following key investment features:

- Brand new 10 year lease to 2033 + options to 2053, with fixed 3% annual rent increases

- ASX Listed Collins Foods Ltd - Australia's largest KFC & Taco Bell operator across 281 outlets with revenues exceeding $1 Billion*

- Prime 1,300 sqm* site within vibrant retail hub ‘Fairfield & Co.’ alongside major national tenants including Bunnings, Petbarn, Beacon Lighting, Pillow Talk and World Gym

- Brand new KFC with dual lane drive-thru, due for completion Q4 2023, featuring dedicated delivery bays and access to 160 car parking bays, providing significant tax depreciation benefits

- Commanding position exposed to multi-lane roundabout, opposite leading shopping centre ‘Fairfield Central’, anchored by Woolworths, Coles and Kmart, trade area population forecast to reach 139,640+* by 2041

- Central location in thriving retail precinct just 7 km* from CBD, boasting unrivalled access via three State controlled roads including the Bruce Highway, carrying a combined 41,144+* vehicles daily

- Final southbound fast food opportunity for 82 km* and the last major retail destination for over 200 km*

- Nearby major employment nodes, only 1.5 km* to Lavarack Barracks (15,000+ personnel*) and 6 km* to Townsville University Hospital (6,000+ staff*) & James Cook University (13,000+ students*)

- Townsville - North Queensland’s capital city, boasting a dynamic $33 billion* economy with local population forecast to grow 23.4% to 324,000+* by 2041

- Secure lease – Tenant pays usual outgoings including Rates, Insurance and Management Fees (capped at $11,000)

- Net Income $190,000 pa* + GST

KFC Fairfield (Townsville) is for sale via Immediate Offers to Purchase.

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 682